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Feeling Today's 391 Point Drop? There's No Better Time to Learn Elliott Wave Analysis
Be ready next time the markets tank

By Jill Noble
Thu, 22 Sep 2011 18:30:00 ET
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Did today’s roller-coaster drop in the markets catch you off guard?
 
We hope it was otherwise for you, but we also know that record volatility over the past five weeks left a lot of traders in pain. Investors are scared. It’s not a good place to be when your portfolio is on the line.
 
You may remember this quote from the 2009 financial debacle:
 
You never want a serious crisis to go to waste. And what I mean by that is it’s an opportunity to do things you think you could not do before…Things that we had postponed for too long, that were long-term, are now immediate and must be dealt with.
                        Rahm Emmanuel
 
Whether or not you agree with the politics of the current administration, this sentiment is a powerful one. Older words of wisdom are also fitting for a day like this, which for many was a very tough day on the trading floor:
 
Success is the ability to go from one failure to another with no loss of enthusiasm.
Winston Churchill
 
If you were indeed caught in volatile markets, consider the opportunity to improve your trading with technical analysis.

With the Wave Principle, really, the fundamental lesson above all others is this: the collective mood of investors drives market prices. Elliott waves are a direct visual reflection of the market's mood. Learn to recognize wave patterns, and you learn to understand and anticipate market trends.
 
We offer a great way to master Elliott wave analysis from the comfort of your own home with our comprehensive learning tool -- which includes 12+ hours of instruction from Bob Prechter and company, the world's leading authorities on the Elliott Wave Principle.
 
With so many recent changes in the market, we'd like to remind you of our timeless learning tool -- the classic 10-DVD Educational Series. Since it was first created over twenty years ago, we’ve updated this special packaged set to include access to four online, on-demand tutorials.

Plus, when you purchase this 10-DVD set before November 2, you get a FREE seat for our live, online Q&A on November 3 with our Senior Tutorial Instructor, Wayne Gorman. Here you will be able to "raise your hand" and ask an experienced mentor YOUR questions so you get the most out of this learning experience. 


Limited Time Offer: Get EWI's acclaimed 10-volume Elliott Wave Educational Video Series with on-demand access to 4 valuable online courses and a FREE virtual seat to the LIVE Q&A session with Wayne Gorman!

 Are you ready to commit to the training it takes to become an Elliott wave expert? Follow this link to get started >>

Current subscribers save an additional $200 – 
Log in to qualify >>

 

 

 


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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.